EP41 - Economics, elections, and the art of evading doom loops
17 Oct 2024
Co-host Cole Perry, shares insights he gained from the recent NAIOP CRE.Converge and Groceryshop conference. Discussion then turns to economic indicators covering NFIB Small Business Optimism Index, labor market, and the potential impact on inflation from the latest CPI and PPI releases. With US elections looming, Omar and Cole also touch on potential implications for CRE.
The team then welcomes special guest Sandi Prendergast, from Altus Group’s Tax Research team. Together, they dig into property tax with a deep dive into the complicated world of 'doom loops'. Sandi helps to unravel what doom loops are, how they can affect both CRE property owners and the local community, and how state and municipal governments can avoid them.
Note: This episode was published prior to completing the sale of our Property Tax business to Ryan, LLC
Resources Mentioned:
Participate in the Q4 2024 CRE Industry Conditions and Sentiment survey
US multifamily sector rallies for quick rebound as sentiment slips for other CRE sectors
CRE industry conditions and sentiment survey - US Q3 2024 results
CRE industry conditions and sentiment survey - Canada Q3 2024 results
Featured Panelists
Sandi Prendergast
Director of Research, Tax
Omar Eltorai
Senior Director of Research
Altus Group
Cole Perry
Associate Director of Research
Altus Group
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